It has been an eventful 2019 for the cryptocurrency market. From a total market capitalisation of $127 billion on January 1, 2019, the market surged to […]
There are three types of currency pairs in the forex market; major, minor and exotic currency pairs. Major currencies include the US Dollar as the base […]
One of the many technologies to disrupt the global financial markets is automated trading or algorithmic trading. A recent report says that the global algorithmic trading […]
MT4 and MT5 are both trusted names in trading industry. They are multi-asset platforms equipped with strong tools for fundamental and technical analysis.
If you are a forex trader, then oil price fluctuations concern you. Historically, oil prices and forex rates share an intimate relationship. This correlation exists due […]
Refiners play a huge role in the global energy sector. They convert crude products into consumable items, like petrol, diesel and gasoline. Like the producers, refiners […]
Analysing price action from chart patterns could be a difficult task. Spotting trends early on as they develop takes experience. Moreover, this analysis is subjective. Not […]
The global economy has entered 2020 in a fragile state, following the slowdown that started in late 2018. The slowdown has been largely driven by the […]
The Financial Times Stock Exchange or FTSE index comprises highly capitalised companies listed on the London Stock Exchange. One of the most popular FTSE indices is […]
While there are certain universal traits common to all traders, beginners and professional forex traders do have different ways of participating in the market. Beginners may […]
Technical analysis proves that the financial markets move through distinct repetitive cycles. This theory of market cycles tells us that cyclical forces, in terms of both […]
In April 2019, the forex trading daily turnover crossed a whopping $6.6 trillion, according to the Triennial Central Bank Survey, released by the Bank for International […]
Currency rates are highly influenced by macroeconomic factors. Geo-political events, economic indicators and natural catastrophes can impact investor perceptions. These perceptions impact demand and supply of […]
Price charts are powerful tools for forex traders. Thanks to advancements in trading technologies, traders have various ways to study these charts to understand price action […]
Forex traders of all levels need tools to enhance their decision making. These tools which on MT4 can help spot market trends, find trading opportunities and […]
The global forex market reached its highest ever trading volume of $6.6 trillion a day in 2019, according to the September 2019 triennial report, released by […]
Forex traders have two key economic indicators to track the inflationary pressures in an economy, the Consumer Price Index (CPI) and the Producer Price Index (PPI). […]